05 Feb 2026

Affordable housing finance companies are likely to see slower growth in assets under management, with expansion easing to around 21 per cent in FY26 from 23 per cent in FY25, according to Crisil. Growth is expected to remain steady in FY27. The loan against property segment may also moderate due to tighter underwriting amid asset quality concerns. While profitability may dip slightly, it is expected to stay healthy. Rising stress in small-ticket loans, particularly in the sub-INR 15 lakh category, remains a key area to watch.Read more

Hyderabad News Desk

05 Feb 2026

Flexible workspace provider WeWork India has entered into a new lease agreement to significantly expand its footprint in Hyderabad, committing about INR 100 crore to add approximately 3,300 desks across roughly 2,50,348 sq ft of workspace. The additional capacity is expected to be operational by June 2026, with the expansion funded through a mix of debt and internal accruals. The company said it currently operates more than 1,21,600 desks nationally, with average utilisation of nearly 84%, highlighting strong demand for flexible office space across India's top cities. The Hyderabad expansion aligns with broader demand dynamics in the office market, where co-working and flexible workspaces are gaining traction among global capability centres and enterprises seeking adaptable solutions. The move reinforces Hyderabad's growing status as a key commercial and office market destination.Read more

05 Feb 2026

TREVOC Group has partnered with Canonicus Capital to launch a last-mile funding and execution platform of up to INR 500 crore for near-completion real estate projects in Delhi-NCR. While Canonicus Capital will provide structured institutional funding, TREVOC will handle execution, construction management, governance, and delivery timelines. The platform has already identified a pipeline of residential and mixed-use projects. An initial commitment of INR 125 crore has been made, with the platform expected to expand over the coming years amid ongoing efforts to resolve delayed developments in the region.Read more

05 Feb 2026

NBCC has signed an agreement with Kendriya Vidyalaya Sangathan to carry out construction, renovation and repair works at KVS schools across India, with project values to be decided individually. The PSU will act as project management consultant for the assignments. In addition, NBCC has secured six new orders worth a total of INR 271.32 crore. This includes a major INR 232 crore contract for building the Namami Ganga Aquarium-cum-Discovery Learning Centre in Rishikesh, adding to its government infrastructure portfolio.Read more

Kochi News Desk

05 Feb 2026

Cochin Shipyard Ltd has approved the acquisition of a 23% equity stake in Netherlands-based Conoship International Holding B.V. as part of its plan to strengthen its footprint in the European shipping market. The investment will support collaboration in ship design and engineering, especially for vessels using alternative fuels and serving coastal and inland transport segments. The board also cleared the formation of a joint venture with HBL Engineering to develop electric mobility and energy storage solutions for marine use, marking a broader push into future-ready maritime technologies.Read more

05 Feb 2026

The PM Surya Ghar: Muft Bijli Yojana has benefitted over 26 lakh households across India, with the Centre disbursing INR 14,771.82 crore as financial assistance till December 2025. Since its launch in February 2024, more than 20.85 lakh rooftop solar systems have been installed nationwide. Gujarat, Maharashtra and Uttar Pradesh account for the highest number of beneficiaries. The government estimates that large-scale rooftop solar adoption could significantly cut carbon emissions over time, while parallel efforts are underway to strengthen energy storage and global renewable partnerships.Read more

05 Feb 2026

Hindustan Aeronautics Limited (HAL) and Russia's United Aircraft Corporation (UAC) have entered a joint venture to manufacture Sukhoi SJ 100 regional jets in India, boosting domestic aircraft production. HAL will hold local certification, manufacturing, and sales rights while UAC provides technical support and design expertise. Additionally, UAC will supply six Ilyushin Il 114-300 turboprop aircraft to Indian firm Flamingo Aerospace, with guidance to enhance assembly, maintenance, and infrastructure capabilities. This move reflects a long-term effort to strengthen India's aviation manufacturing, regional connectivity, and technology transfer initiatives.Read more

04 Feb 2026

Indus Towers reported a sharp 55.6% fall in net profit to INR 1,776 crore for the December quarter, even as revenue rose nearly 8% year-on-year to INR 8,146 crore. EBITDA declined 35.6% to INR 4,509 crore, reflecting a 55.3% margin. The company highlighted its continued digital and AI-driven operational improvements, which have strengthened asset control and execution speed. Supportive government measures on AGR dues of a major telecom client, Vodafone Idea, are expected to enhance financial stability and create positive prospects for Indus Towers.Read more

04 Feb 2026

Meghalaya is expected to receive INR 9,631 crore in tax devolution for 2026-27, enhancing the state's capacity for infrastructure development and capital expenditure. Over the past decade, central transfers have steadily increased, totaling INR 69,339 crore as tax devolution and INR 40,452 crore as grants-in-aid from 2014 to 2024. The Special Assistance to States for Capital Investment has further supported capital projects with INR 6,523 crore allocated between 2020-21 and January 2026. Infrastructure improvements include over 1,156 km of National Highways and 170 km approved under Bharatmala projects. Welfare schemes like Jan Dhan and PM Mudra Yojana have also seen wider reach.Read more

04 Feb 2026

Advent International is investing INR 2,750 crore to acquire a 14.3 per cent stake in Aditya Birla Housing Finance, valuing the company at INR 19,250 crore post-transaction. The investment, made through primary share issuance by ABHF, is aimed at strengthening its financial base and expanding market reach. ABHF, fully owned by Aditya Birla Capital, has a pan-India presence and focuses on prime, affordable, and construction finance segments. With assets under management of INR 42,204 crore and strong risk management practices, the company is positioned among the top three in incremental loan growth.Read more